ERM Expert Insights

Jul 12, 2022

2022 The State of Risk Oversight: An Overview of Enterprise Risk Management Practices – 13th Edition

This 2022 State of Risk Oversight Report highlights over 40 different aspects of risk management practices that readers can use to benchmark their risk management processes along several dimensions.

Jul 6, 2022

Five Actions to Build a Resilient Organization

The 2021 Deloitte Global Resilience Report explores how to strengthen resilience in your organization to be prepared to overcome disruptions and thrive amid extreme circumstances. Through 2,260 interviews with public- and private-sector CXOs in 21 countries, the report identifies five organizational characteristics common to companies that have proven to adapt, bounce back, and persist amid disruption: preparation, adaptability, collaboration, trust and responsibility. This article translates those characteristics into practical, actional steps for leaders to build resilient organizations.

Jun 30, 2022

Practical Tips to Prepare for Disruption

Disruption is a part of life and business, and business leaders are often tasked with making important decisions amid uncertainty. Based on insights from its research, Gallup published a set of practical tips for leaders to effectively prepare their organizations to withstand disruptions.

May 23, 2022

Running the Risk: What it Takes to be a Chief Risk Officer (CRO)

This article, "Running the Risk: What it Takes to be a Chief Risk Officer (CRO)" by Samantha Beavers discusses the important attributes of an effective chief risk officer (CRO).

Apr 29, 2022

Elevating Value of Leading-Edge ERM: Highlights from the April 22, 2022 ERM Roundtable Summit

The sharing of insights and experiences among ERM leaders continues to help advance the strategic value of ERM programs among organizations. Fostering thought leadership on strategically focused risk management is a core mission of the ERM Initiative at NC State University. The “golden nuggets” shared by speakers at the April 22, 2022 ERM Roundtable Summit covered a variety of topics related to advancing best practices in enterprise risk management (ERM). We are providing this high-level summary so others can benefit by what was shared in each of the six sessions. 

Apr 28, 2022

Relational Contracts and Foreign Managerial Distribution

Elena Kulchina and Joanna Oxley examine how foreign entrepreneurs manage risks abroad, highlighting the role of informal contracts and market conditions in managerial delegation decisions. Their research offers insights into overcoming the "liability of foreignness."

Apr 4, 2022

Reporting Risk Information to Boards of Directors

Keith Cureton shares insights about reporting risk information to executive teams and boards. In his role at UPS, Keith led the company’s ERM process and regularly reported risk information.

Feb 10, 2022

Managing Talent and Culture Risks

Paula Herman of Mecklenburg County Government shares insights about her views of the kinds of big-picture risks concerns for most organizations.

Feb 9, 2022

Strengthening Enterprise Agility for a Crisis: Lessons Learned

The COVID-19 pandemic presented challenges and necessary changes for all organizations. To support rapid change, many entities adopted agile business practices. A team of experts from McKinsey and the Harvard Business School analyzed the experiences of agile or partially agile companies during the crisis and provide insights around which elements of their operating models proved most useful in practice. To carry forward the lessons learned by agile organizations and to support success in the "new normal," the experts present a three-step guide to fully embracing an operating-model shift to agile practices.

Dec 9, 2021

REPORT: Executive Perspectives on Top Risks for 2022 & 2031

Executive Perspectives on Top Risks is an annual survey report that assesses the concerns of 1,453 board members and executives globally.